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Agreement

NEWS DESK

GE Gas Power signs services agreement with TAPCO

Abu Dhabi, UAE; June 12, 2023: GE Gas Power (NYSE: GE) has signed an agreement with the Taweelah Asia Power Company (TAPCO), the owner of the largest independent water and power plant (IWPP) in the UAE, to provide a range of asset and performance services for the reliable and efficient operation of the gas turbines at […]
Business GCC UAE

Abu Dhabi Securities Exchange (ADX) Signs Agreement with Astana International Exchange (AIX) to enhance cooperation and expand bilateral relations

Abu Dhabi, June 7, 2023: Abu Dhabi Securities Exchange (ADX) announced today that it has signed an agreement with Astana International Exchange (AIX) for the inclusion of AIX as the fourth member of the Tabadul Digital Exchange Hub. Other members of Tabadul include Bahrain Bourse (BHB) and Muscat Securities Market (MSX). ADX launched Tabadul Hub […]
NEWS DESK

ELAF Group Officially Launches EXO Saudi Arabia

May 23, 2023 – In a significant move poised to redefine the Saudi Arabian tourism landscape, ELAF Group, a leader in the Kingdom’s travel, tourism, and hospitality sector, announced a strategic partnership with global destination management trailblazer, EXO Travel Group. This collaboration will lead to the inception of EXO Saudi Arabia, a venture designed to
Business

SEVEN signs second licensed agreement with Hasbro

Riyadh, Saudi Arabia; May 10, 2023: Saudi Entertainment Ventures (SEVEN), a wholly owned subsidiary of the Public Investment Fund (PIF), has signed a second licensed agreement with Hasbro, Inc. a global branded entertainment leader. Under the agreement, SEVEN will bring the Transformers brand to its entertainment destinations in the Kingdom of Saudi Arabia. The agreement
Business

EssilorLuxottica and Chalhoub Group sign joint venture agreement to grow retail eyewear presence in GCC region

Charenton-le-Pont, France and Dubai, UAE, 10 May 2023 – EssilorLuxottica, a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses,and Chalhoub Group, signed a joint-venture for the development of direct eyewear retail in the GCC region. The agreement aims to shape the eyewear category and achieve new levels of customer
Business

Hotpack to build SAR 1 billion packaging production plant

Dubai – April 4, 2023: Hotpack Global, the UAE-based global leader in food packaging products, has announced its plan to build one of the world’s largest sustainable packaging plants at an estimated investment of SAR 1 billion in the Kingdom of Saudi Arabia. The company has signed a Memorandum of Understanding (MoU) for this investment […]
NEWS DESK

Bentley Systems Announces Strategic Agreement

EXTON, Pa., and Barcelona, Spain – March 24, 2023 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced it has entered into a non-exclusive commercial agreement to strategically accelerate the adoption of Infrastructure IoT, further unlocking value for infrastructure designers, constructors, and owner-operators in
Business

DGW signs an Agreement with  Etihad ESCO

Dubai, 21 March 2023: Dubai Government Workshop (DGW) and Etihad Energy Services Company (Etihad ESCO) signed an agreement to establish a photovoltaic power station with an aim to increase contribution of clean energy and reduce carbon emissions. The agreement was signed by H.E. Fahad Ahmed Al Raeesi,  Executive Director  of DGW, and Dr. Waleed Alnuaimi, […]
Business

Elm Signs a Cooperation Agreement with ESNAD

14 February 2023– Elm, a pioneering digital solution company, signed a cooperation agreement with the Saudi Mining Services Company (ESNAD), to jointly improve the business efficiency and quality of industrial complexes and mining sector, by employing the latest technologies. The agreement was concluded on the sidelines of LEAP 2023 taking place in Riyadh from 6 […]
Business

Elm and SAR Sign an Agreement

13 February 2023- Elm, a leader in digital solutions, and the Saudi Arabia Railways (SAR), a major player in the transport and logistics sector, signed an agreement to provide connectivity and integration services for the Haramain High-Speed Rail Systems. The agreement was signed on the sidelines of LEAP 2023. Dr. Abdulrahman bin Saad Aljadhai, Elm’s […]
Business

SingleStore and solutions by stc announce exclusive partnership and reseller agreement

SAN FRANCISCO: SingleStore, the cloud-native database built for speed and scale to power real-time applications, today announced an exclusive partnership and reseller agreement with solutions by stc to bring SingleStore’s digital solutions across the Middle East. solutions by stc is the leading enabler of digital transformation in the Middle East, while SingleStore is